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the final point is whether medicare providers, who people who take medicare as doctors, whether -- how that patch is going to be paid for. it will not be paid for through a cut to obama care. that was something republicans asked for. that was not agreed to. but the big headline out of all this is they did agree to push that sequester off for two months and they agreed to find a way to pay for it, half in revenue, and half in spending cuts. wolf. >> so the details are beginning to come in. it looks like they have a deal. it looks like the senate is going to vote. the vice president is about to brief the democratic members of the senate. let's go back to capitol hill. dana bash is up there. dana, just to set the scene. you're standing outside the room where the democratic senators are going to be meeting with the vice president. >> that's right. you can show just to give you a context, and then i want to piggyback on what jessica is saying. you know what? actually, kim, can you flip around? we're going to get the vice president right now. we're going to get the vice president right now.
the final point is whether medicare providers, who people who take medicare as doctors, whether -- how that patch is going to be paid for. it will not be paid for through a cut to obama care. that was something republicans asked for. that was not agreed to. but the big headline out of all this is they did agree to push that sequester off for two months and they agreed to find a way to pay for it, half in revenue, and half in spending cuts. wolf. >> so the details are beginning to come in....
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Jan 2, 2013
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agree with democrats and republicans that the aging population and the rising cost of health care makes medicare the biggest contributor to our deficit. i believe we've got to find ways to reform that program without hurting seniors, who couldn't on it to survive. and i believe there's further unnecessary spending in government that we can eliminate. but we can't simply cut our way to prosperity. cutting spending has to go hand in hand with further reforms to our tax code so that the wealthiest corporations and individual can take advantage of loopholes and deductions that aren't available to most americans and we can't keep cutting things like basic research and new technology and still expect to succeed in the 21st century economy. so we're going to have to continue to move forward in deficit reduction but we have to do it in a balanced way, making sure that we are growing, even as we get a handle on our spending. now, one last point i want to make. while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they
agree with democrats and republicans that the aging population and the rising cost of health care makes medicare the biggest contributor to our deficit. i believe we've got to find ways to reform that program without hurting seniors, who couldn't on it to survive. and i believe there's further unnecessary spending in government that we can eliminate. but we can't simply cut our way to prosperity. cutting spending has to go hand in hand with further reforms to our tax code so that the wealthiest...
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Jan 20, 2013
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and one more way humana medicare can help you choose what's good for your health and your wallet. so you can spend a little less money... and spend a little more time sharing what you know with the people who matter most. humana. ♪ >>> such a beautiful view, that's where the action will be happening tomorrow. tonight we're going to see all kinds of unofficial balls and parties. the ladies will be stepping out in their glamorous dress and tomorrow night, the men will in their tuxes, they'll be hitting the dance floor 0 show off all their moves. >> i would die and pay a lot of money to see you do that. >> i'm a very good dancer. >> amy artsinger writes the reliable arts column. last time the president raced around to ten inaugural balls, that won't happen this time. >> there are only two official balls and they are all contained in the washington convention center. however, those two balls will include about as many as 40,000 guests altogether. so you know, about as many as you might have at six or seven balls, but all in one place. however, the convention center is so big, i thin
and one more way humana medicare can help you choose what's good for your health and your wallet. so you can spend a little less money... and spend a little more time sharing what you know with the people who matter most. humana. ♪ >>> such a beautiful view, that's where the action will be happening tomorrow. tonight we're going to see all kinds of unofficial balls and parties. the ladies will be stepping out in their glamorous dress and tomorrow night, the men will in their tuxes,...
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agree with democrats and republicans that the aging population and the rising cost of health care makes medicare the biggest contributor to our deficit. i believe we've got to find ways to reform that program without hurting seniors, who couldn't on it to survive. and i believe there's further unnecessary spending in government that we can eliminate. but we can't simply cut our way to prosperity. cutting spending has to go hand in hand with further reforms to our tax code so that the wealthiest corporations and individual can take advantage of loopholes and deductions that aren't available to most americans and we can't keep cutting things like basic research and new technology and still expect to succeed in the 21st century economy. so we're going to have to continue to move forward in deficit reduction but we have to do it in a balanced way, making sure that we are growing, even as we get a handle on our spending. now, one last point i want to make. while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they
agree with democrats and republicans that the aging population and the rising cost of health care makes medicare the biggest contributor to our deficit. i believe we've got to find ways to reform that program without hurting seniors, who couldn't on it to survive. and i believe there's further unnecessary spending in government that we can eliminate. but we can't simply cut our way to prosperity. cutting spending has to go hand in hand with further reforms to our tax code so that the wealthiest...
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agree with democrats and republicans that the aging population and the rising cost of health care makes medicare the biggest contributor to our deficit. i believe we've got to find ways to reform that program without hurting seniors, who couldn't on it to survive. and i believe there's further unnecessary spending in government that we can eliminate. but we can't simply cut our way to prosperity. cutting spending has to go hand in hand with further reforms to our tax code so that the wealthiest corporations and individual can take advantage of loopholes and deductions that aren't available to most americans and we can't keep cutting things like basic research and new technology and still expect to succeed in the 21st century economy. so we're going to have to continue to move forward in deficit reduction but we have to do it in a balanced way, making sure that we are growing, even as we get a handle on our spending. now, one last point i want to make. while i will negotiate over many things, i will not have another debate with this congress over whether or not they should pay the bills that they
agree with democrats and republicans that the aging population and the rising cost of health care makes medicare the biggest contributor to our deficit. i believe we've got to find ways to reform that program without hurting seniors, who couldn't on it to survive. and i believe there's further unnecessary spending in government that we can eliminate. but we can't simply cut our way to prosperity. cutting spending has to go hand in hand with further reforms to our tax code so that the wealthiest...
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interest rates went up, dividends went up, there was a medicare surtax on both of those things. the estate tax was adjusted. payroll tax affected all people in this country. medicare surcharge on income affected the wealthy and a limiting of deductions which means some wealthy lose up to 80% of their deductions. i know you can always find ways to raise taxes on people but what else can democrats touch? that was an exhaustive list. >> it was an exhaustive list, but the revenue raised was only $600 billion. and $600 billion as you said at the top of the segment is really a drop in the bucket in regards to what we need to do in getting the deficit down. so we're going to have to search for other sources. what are the other sources? for example, mortgage interest deductions, suppose you buy -- you're wealthy enough, you buy a $20 million house. you have a mortgage interest deduction of something in the order of $30,000 or $40,000 or $50,000 a year. well, should that be limited? i think that is a very important question. or take, for example, something we talked about a lot during th
interest rates went up, dividends went up, there was a medicare surtax on both of those things. the estate tax was adjusted. payroll tax affected all people in this country. medicare surcharge on income affected the wealthy and a limiting of deductions which means some wealthy lose up to 80% of their deductions. i know you can always find ways to raise taxes on people but what else can democrats touch? that was an exhaustive list. >> it was an exhaustive list, but the revenue raised was...
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been intrancei gent on taxes, the larger cause is that obama refuses to concede that social security, medicare, medicaid are driving future spending and deficits. so when republicans make concessions on taxes they get little in return." are you set up for more confrontatio confrontation. >> i think we are set up for more confrontatioconfrontation. on september 30th, when the clock strikes, we'll be in the same position. the president has made concessions, put on the table reforms to the entitlement program. last year, we were close to a grand bargain. $4 trillion deficit reduction that would include major entitlement reforms. the president has done what he needs to do that's unfair criticism. >> what is lacking, congressman? what is the problem? it is a popular con serb tuf and -- conservative reefrain. where is the impasse in terms of being able to say here are what our priorities are as a party. >> the reason there hasn't been a budget since 2009 because of the filibuster rule in the house. the house under both democratic and republic lay can leadership been able to pass things. we haven't h
been intrancei gent on taxes, the larger cause is that obama refuses to concede that social security, medicare, medicaid are driving future spending and deficits. so when republicans make concessions on taxes they get little in return." are you set up for more confrontatio confrontation. >> i think we are set up for more confrontatioconfrontation. on september 30th, when the clock strikes, we'll be in the same position. the president has made concessions, put on the table reforms to...
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remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> this is on the house floor. the scleshg of the house receiving nominations for the speaker as well and javier of california nominated nancy pelosi. she's stand tlg smiling to the be the speaker. everybody is clapping and applauding. let's listen in. >> the names of the honorable a.j. boehner, a representative elect of the state of ohio and the honorable nancy pelosi, a representative elect from the state of california have been placed in nomination. are the further nominations? there being no further nominations, the clerk appoints the following tellers. the jelgts did the woman from michigan, mrs. miller, the gentleman from pennsylvania, mr. brady, the gentlewoman from ohio my cap ter and the general woman from californi
remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> this is on the house floor. the scleshg of the house receiving nominations for the speaker as well and javier of california nominated...
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there is also a new medicare tax, close to 1% of income over 250 grand. that group will also pay nearly 4% more on dividends and capital gains from investments. and if you put money away in a flexible spending account for medical expenses, well, you're not going to be able to stash as much as you did last year. i'm going to turn to cnn's christine romans, host of your bottom line. and, christine, are we breathing maybe a premature sigh of relief here. >> i never breathe a sigh of relief, especially watching washington. couple of things to remember here. we still have the house that is a really important hurdle here. the markets closed today. you have a house that has to deal with this. and then, you know, there is a punt if you will on the sequester. you got a lot of other thins decided going forward here. and you still have weeks, months, maybe years of difficult budget negotiations on getting our debt and deficits in order. sigh of relief, i wouldn't necessarily breathe one just yet. what we know for sure is that your taxes, your tax rates on 98% of ame
there is also a new medicare tax, close to 1% of income over 250 grand. that group will also pay nearly 4% more on dividends and capital gains from investments. and if you put money away in a flexible spending account for medical expenses, well, you're not going to be able to stash as much as you did last year. i'm going to turn to cnn's christine romans, host of your bottom line. and, christine, are we breathing maybe a premature sigh of relief here. >> i never breathe a sigh of relief,...
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like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of dollars in out-of-pocket costs. call today to request a free decision guide to help you better understand what medicare is all about. and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, medicare supplement insurance helps cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you up to thousands in out-
like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and save you up to thousands of dollars in out-of-pocket costs. call today to request a free decision guide to help you better understand what medicare is all about. and which aarp medicare supplement plan works best for you. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see...
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remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> happening now, breaking news. americans held hostage by terrorists in algeria. president obama unveils his plan to curb gun violence. children to wrote to him after the newtown connecticut massacre visit the white house. one of them is here to read her letter to the president. outrage over an nra ad, pulling the president's daughters into the gun debate. plus, a fiery helicopter disaster right in the heart of london. i'm wolf blitzer, you're in "the situation room." >>> we're following the breaking news out of algeria. a deadly terrorist raid on a foreign-owned gas field with militants taking dozen of international hostages, including americans. the state department is trying to figure out exactly who is being held, while
remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. >>> happening now, breaking news. americans held hostage by terrorists in algeria. president obama unveils his plan to curb gun violence....
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. >> you think we'll have a big fight over entitlements, social security, medicare? that will be coming up with the debt ceiling? part of the debt ceiling negotiations? >> i think we need to restructure some of the entitlements, get in the way that they are sustainable over the long term. whether it's viable, i'm not sure. i don't sense a lot of desire of any friends on the other side of the aisle to work on that we should look at entitlements, restructure medicare, deliver services at a lower cost to the taxpayer. that makes sense. >> i think we'll look at everything and fight over everything and sir, you are about no get a real first-hand look at how the sausage is made. come back and tell us what you think about it after you've been in there a bit. congressman ron desantis, freshman member of the 113th congress, best of luck to you, sir. >> thank you. >>> 40 minutes past the hour. other skrz tried it and failed. but my next guest says she is ready to make history by swimming 100 miles in shark-infested waters. she's cageless. so what's her strategy? we'll ask her,
. >> you think we'll have a big fight over entitlements, social security, medicare? that will be coming up with the debt ceiling? part of the debt ceiling negotiations? >> i think we need to restructure some of the entitlements, get in the way that they are sustainable over the long term. whether it's viable, i'm not sure. i don't sense a lot of desire of any friends on the other side of the aisle to work on that we should look at entitlements, restructure medicare, deliver services...
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comfortable and reducing the size of government and cutting spending and looking at entitlement programs like medicare and social security and finding ways to make sure they don't go bust and keep them from spiraling out of control. the big question is who is going to lead the republican party in the conversations with the white house and the democrats on this. we don't know. john boehner hadn't had such a good couple of weeks. will it be senator mcconnell again who managed to kind of deal with joe biden? don't forget senator connell is up for reelection and is afraid of republicans running to his right will it be eric kantor? we see the same leadership, but we are not actually sure who is going to be cutting these deals if deals are going to be cut. another name is paul ryan voted for the fiscal cliff deal to the disappointment of many conservatives. he now becomes somebody as chairman of the budget committee who can cut these. >> you have to give mitch connell. he may be up for reelection and worried about a primary. he stood firm and worked out the deal with joe biden, the vice president of the uni
comfortable and reducing the size of government and cutting spending and looking at entitlement programs like medicare and social security and finding ways to make sure they don't go bust and keep them from spiraling out of control. the big question is who is going to lead the republican party in the conversations with the white house and the democrats on this. we don't know. john boehner hadn't had such a good couple of weeks. will it be senator mcconnell again who managed to kind of deal with...
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with the medicare reimbursement rate, the pay fors. at the end of the day i know that i don't want taxes to go up on 98% of americans and 97% of small business owners. i know that we need to make a down payment on the beginning of a balanced approach to deficit reduction. i certainly know that we should -- that the american people spoke on election day and said that they are comfortable with letting tax rates rise for the wealthiest 2% of americans. really? the republicans are going to oppose a bill for people who make taxes that make more than $450,000 a year? i represent a fairly upper middle class district. folks at home are not ringing my phone off the hook saying, don't vote for this because they know that we've got to do something. they know that we've got to make a down payment on deficit reduction. they know that we've got to protect the middle class and we've got to focus on -- let's -- what i haven't heard about in a couple of days are, our needs get back to the number one issues. creating jobs and getting this economy turned
with the medicare reimbursement rate, the pay fors. at the end of the day i know that i don't want taxes to go up on 98% of americans and 97% of small business owners. i know that we need to make a down payment on the beginning of a balanced approach to deficit reduction. i certainly know that we should -- that the american people spoke on election day and said that they are comfortable with letting tax rates rise for the wealthiest 2% of americans. really? the republicans are going to oppose a...
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it's about saving medicare. it's about saving social security and until we have true reform, tax reform and reform on medicare and social security, only then will we begin to save it for today's generation, and people like my kids. >> congressman trey radel, i'm still going to call you congressman, you worked for the title and deserve it. thank you for speaking with us today. >> thank you so much, i appreciate your time. >> sure. >>> flu cases are spiking across the country. we'll show you the hardest hit states and tell you what you can do to protect yourself. constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. [ phillips' lady ] live the regular life. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all tha
it's about saving medicare. it's about saving social security and until we have true reform, tax reform and reform on medicare and social security, only then will we begin to save it for today's generation, and people like my kids. >> congressman trey radel, i'm still going to call you congressman, you worked for the title and deserve it. thank you for speaking with us today. >> thank you so much, i appreciate your time. >> sure. >>> flu cases are spiking across the...
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then again, liberal democrats wouldn't touch medicare and social security. and then there's the president himself. sometimes it feels like his debate is mostly internal, dween the transformational president he wants to be and the transactional president he has become." you're absolutely right on all of those points. so can you place blame on one party more than the other, one elected official over the other? >> and by the way, then there's us. then there are the voters. the voters who say, we want everything, but we don't want to pay for it, okay? or, cut the other guy, but don't cut me. raise his taxes, don't raise my taxes. and sure, you know, the president has a point when he says that he wasn't able to deal with republicans, who didn't want to raise taxes, no matter what. he made it a campaign issue. and he won that fight. now we're going to come back and the republicans are going to say, our issue, by the way, was making government smaller, spending cuts, and they're going to say to the president, now you've got to deal with us on our turf. and so we're
then again, liberal democrats wouldn't touch medicare and social security. and then there's the president himself. sometimes it feels like his debate is mostly internal, dween the transformational president he wants to be and the transactional president he has become." you're absolutely right on all of those points. so can you place blame on one party more than the other, one elected official over the other? >> and by the way, then there's us. then there are the voters. the voters...
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beneficiaries enrolled in medicare. look where it's going. look where it's going over the next 10, 20, 30 years. some president eventually has to deal with this because this is eating up the federal budget, eating up the resources the president wants to spend on education, wants to spend on roads bridges, wants to spend on research and science and technology. so how he handles this he was not clear today except to make a commitment to not hurt medicare. but how does he change this spending trajectory without hurting the program. one of the things the president talked proudly about and one of the things he thinks gives him political and financial leeway is. this troop levels in iraq and afghanistan, 180,000 when he took office. just watch the trajectory, especially as the united states gets out of iraq and now is preparing to get out of afghanistan. about 70,000 now. the president hopes by 2014 that number is down completely. and as he talked about in the address, a decade of war will be over. but the heavy lifts, one of the things he talked a
beneficiaries enrolled in medicare. look where it's going. look where it's going over the next 10, 20, 30 years. some president eventually has to deal with this because this is eating up the federal budget, eating up the resources the president wants to spend on education, wants to spend on roads bridges, wants to spend on research and science and technology. so how he handles this he was not clear today except to make a commitment to not hurt medicare. but how does he change this spending...